SilverCrest Metals Inc
SilverCrest Metals Inc. engages in the acquiring, exploration, and development of precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its focuses on principal property the Las Chispas Mine that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico, as well as operates a portfolio of El Picacho, Cruz de Mayo, a… Read more
SilverCrest Metals Inc (SILV) - Total Assets
Latest total assets as of September 2024: $527.07 Million USD
Based on the latest financial reports, SilverCrest Metals Inc (SILV) holds total assets worth $527.07 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
SilverCrest Metals Inc - Total Assets Trend (2015–2023)
This chart illustrates how SilverCrest Metals Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SilverCrest Metals Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
SilverCrest Metals Inc's total assets of $527.07 Million consist of 39.0% current assets and 61.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.8% |
| Accounts Receivable | $16.28 Million | 3.6% |
| Inventory | $49.54 Million | 10.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2015–2023)
This chart illustrates how SilverCrest Metals Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SilverCrest Metals Inc's current assets represent 39.0% of total assets in 2023, a decrease from 91.0% in 2015.
- Cash Position: Cash and equivalents constituted 18.8% of total assets in 2023, down from 64.5% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 10.8% of total assets.
SilverCrest Metals Inc Competitors by Total Assets
Key competitors of SilverCrest Metals Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
|
China Silver Group Limited
F:2CS
|
Germany | €2.12 Billion |
SilverCrest Metals Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - SilverCrest Metals Inc generates 0.55x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, SilverCrest Metals Inc generates $ 25.49 in net profit.
SilverCrest Metals Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.89 | 4.97 | 22.03 |
| Quick Ratio | 3.68 | 3.41 | 22.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $190.35 Million | $ 118.33 Million | $ 108.05 Million |
SilverCrest Metals Inc - Advanced Valuation Insights
This section examines the relationship between SilverCrest Metals Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.71 |
| Latest Market Cap to Assets Ratio | 3.70 |
| Asset Growth Rate (YoY) | 28.8% |
| Total Assets | $457.82 Million |
| Market Capitalization | $1.69 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values SilverCrest Metals Inc's assets at a significant premium ( 3.70x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: SilverCrest Metals Inc's assets grew by 28.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for SilverCrest Metals Inc (2015–2023)
The table below shows the annual total assets of SilverCrest Metals Inc from 2015 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $457.82 Million | +28.84% |
| 2022-12-31 | $355.35 Million | -3.69% |
| 2021-12-31 | $368.98 Million | +92.49% |
| 2020-12-31 | $191.69 Million | +95.59% |
| 2019-12-31 | $98.01 Million | +63.91% |
| 2018-12-31 | $59.79 Million | +179.60% |
| 2017-12-31 | $21.39 Million | +60.81% |
| 2016-12-31 | $13.30 Million | +126.91% |
| 2015-12-31 | $5.86 Million | -- |